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Pensions: Many have been mis-sold

Many people were persuaded to transfer their pension from either a defined benefit or final salary scheme, often into perfectly normal pensions and, sometimes, high risk and speculative investments. This was done with the promise of many things, such as:

1 - greater flexibility of their pensions

2 - higher investment returns

3 - better provision for loved ones in the case of death

Transferring from one pension provider to another may have resulted in losses, often losses which you may never actually have known about as you may have given up valuable guarantees which you were unaware of.

In 2018, the UK’s financial regulator, the Financial Conduct Authority, found that nearly half of these types of pension transfers were in some way unsuitable or unclear.

Individuals can obtain compensation from financial advisors or pension providers, even where the company has ceased to trade. If you think that you may have suffered financial loss as a result of moving your pension and want to see if you are eligible to claim compensation, please submit your enquiry and we will contact you to discuss it with you.

Financial advisers and pension providers are facing thousands of claims for compensation

Have you ever transferred your pension?

Yes - I would like to claim compensation

Consumer Claim Back is a trading style of M G Financial Limited which is registered in England, Company Registration Number 6547196.

The registered office address for M G Financial Limited is 25 Orchard House, 17 Summerwood Lane, Halsall Business Park, Halsall, Lancashire L39 8RG.

MG Financial Ltd is authorised and regulated by the Financial Conduct Authority (FRN: 832131)

M G Financial Limited is registered with the Information Commissioner’s Office under registration reference Z1711964.

Your claim will be dealt with on a no win no fee basis. You will not be charged any up front fee and will only pay a fee of 20% plus VAT of your compensation on successful conclusion of your claim.

 

Please call us on our free phone 0800 633 5896 or complete our online enquiry form and we will call you at a time to suit your convenience.